assays due next week, page-9

Ozy

That sounds about right. My earlier calculations had an in-ground resource of $3b to $3.5b. Whilst this is not a JORC resource yet, confidence in achieving the target is very high given the high consistency of the orebody (a flat lying sheet of pegmatite averaging 11m thick). For instance - they had a 100% success rate in hitting the pegmatite in the last results.

$3.42 equates to around $150m market cap which is about 5% of the in-ground value so thats about right.

Still got a way to go.